Requests for Funding. To request a funding of any portion of the Term Loan, the Borrower shall notify the Lender of such request by telephone (a) in the case of a Eurodollar Borrowing, not later than 12:00 p.m., New York City time, three Business Days before the date of the proposed funding or (b) in the case of a Prime Rate Borrowing, not later than 12:00 p.m., New York City time, on the date of the proposed funding. Each such telephonic Borrowing Request shall be irrevocable and, if so requested by the Lender, shall be confirmed promptly by hand delivery or telecopy to the Lender of a written Borrowing Request. Each such telephonic or written Borrowing Request shall specify the following information in compliance with Section 2.02:
Requests for Funding. (a) In order to receive a First Disbursement or Subsequent Disbursement, the Recipient must submit a Request for Funding to the IESO as required by Section 5.3.
Requests for Funding. In order to receive a Disbursement, the Recipient must submit a Request for Funding to the IESO and any supporting documentation as required by Sections 5.3, 5.4 and 5.5, as applicable. Requests for Funding may be submitted no more frequently than as provided for in Schedule “D”. The IESO may approve or refuse a Request for Funding or any portion of a Request for Funding, in its sole and absolute discretion. Without limiting the generality of Section 5.2(c), in the event that the Recipient is in Default under any other agreement, if any, between the Recipient and any of the IESO, its predecessor entities, or any of their third party funds managers, whether entered into before or after the Contract Start Date, the IESO may refuse a Request for Funding, in its sole and absolute discretion, and may continue to refuse such Request for Funding on this basis until such Default is cured in accordance with such other agreement. If the Request for Funding is not approved by the IESO, the IESO will use commercially reasonable efforts to notify the Recipient of the IESO’s refusal of the Request for Funding within a reasonable time of receipt of the Request for Funding. Should the IESO refuse the Request for Funding, the Recipient must comply with any instructions from the IESO, amend its Request for Funding, and, unless otherwise instructed by the IESO, re-submit it to the IESO within ten (10) Business Days of receiving such instructions from the IESO. If the IESO approves the Request for Funding, the IESO will endeavour to provide the Recipient with the Disbursement pursuant to Sections 5.3, 5.4 and 5.5 within a reasonable time following receipt of the Request for Funding. If the IESO provides funds to the Recipient prior to the Recipient’s immediate need for the funds, the Recipient must place the funds in a chequing account in the name of the Recipient at a Canadian financial institution and must not use the funds for any purpose other than as expressly set out in this Funding Agreement.
Requests for Funding. The Chinook Leaves Committee will meet twice yearly to consider bursary requests. Teachers who are planning to take or who have taken courses for which they intend to make a bursary application may submit requests prior to the following dates: September and March The Chinook Leaves Committee will determine annual and aggregate limits and conditions. Bursary funds will be forwarded to teachers upon proof of payment and successful course completion. in any year the bursary fund may carry forward a positive amount equal to two (2) times the annual allotment or a negative amount equal to one-half the annual allotment. Should the positive limit be exceeded, the excess amount will be used to supplement the educational and sabbatical leave fund. Educational and Sabbatical Leave Definitions Local Collective Bargaining Agreement Page Educational Leave An educational leave is a period of time during which a teacher undertakes a program of study to meet a need in the school division. The leave must not exceed fourteen (14) months in length, but may be structured in other than consecutive months, subject to committee approval. Sabbatical Leave A sabbatical leave is leave taken for a period of up to fourteen (14) months for the purpose of study or research, personal renewal or travel.
Requests for Funding. The Chinook Leaves Committee will meet twice yearly to consider bursary requests. Teachers who are planning to take or who have taken courses for which they intend to make a bursary application may submit requests prior to the following dates: September and March Approvals will not exceed per teacher per application period. In any year the bursary fund may carry forward a positive amount equal to two (2) times the annual allotment or a negative amount equal to one-half the annual allotment. Should the positive limit be exceeded, the excess amount will be used to supplement the educational and sabbatical leave account.
Requests for Funding. The Chinook Leaves Committee will meet twice yearly to consider bursary requests. Teachers who are planning to take or who have taken courses for which they intend to make a bursary application may submit requests prior to the following dates: September 301h and March 3l 51•
Requests for Funding. Request for a Funding Payment shall be made by or on behalf of the Trust by the Liquidating Trustee pursuant to a separate written notice (each, a “Funding Notice and Certificate”) at least five (5) Business Days prior to the date (which shall be a Business Day) on which funds are requested, and such Funding Notice and Certificate shall state the amount requested, the date on which it is to be made, a detailed description of the use of proceeds and a certification by the Liquidating Trustee that such funding request, including the proposed uses for the requested funds, complies in all respects with this Agreement and the Liquidating Trust Agreement. All payments to be made by the Majestic Parties to the Trust shall be made without reduction, reserve, discount, withholding, credit, set-off, recoupment or counterclaim, and irrespective of any claim which the Majestic Parties may have against the Trust. All payments made by the Majestic Parties shall be made to the Trust by wire transfer, in United States Dollars and in immediately available funds, no later than the day and to the account or accounts specified in the Funding Notice and Certificate.
Requests for Funding. (a) In order to receive a Disbursement, the Recipient must submit a Request for Funding to the IESO and any other supporting documentation as set out in Schedule D.
Requests for Funding. The Notice of Borrowing for the Term Loans received by Administrative Agent shall be irrevocable.
Requests for Funding. The Borrowers shall not request any Protective Advance if, after giving effect to such requested Protective Advance and the use of the proceeds thereof (if such proceeds are used within 14 days after the receipt thereof), the aggregate amount of unrestricted Cash (excluding outstanding checks) and Cash Equivalents held by the Borrowers and their Subsidiaries exceeds $100,000.
